1101 Magazine RdGreen LanePA18054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Green Lane at 1101 Magazine Rd, Green Lane, PA, 18054 offers a 10.31% rental yield on a $425,000 purchase with $3,653/mo rent. Total monthly income registers $3,653/mo, and a $2,080/mo payment leaves $868/mo available for distribution. Annual cash flow reaches $10,419/yr on $140,888 to close, and return on cash invested stands at 27.3% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 142.99% and total cumulative return in cash at $201,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,653/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1774
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18054, Green Lane, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,789 (100%) |
| Owner Occupied HU | 1,506 (84.2%) |
| Renter Occupied HU | 199 (11.1%) |
| Vacant Housing Units | 84 ( 4.7%) |
| Median Home Value | $519,737 |
| Average Home Value | $567,455 |
Housing Distribution
Address Breakdown
Residential
1,761
Single Family
1,619
Multi-Family
142
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly D. Rosado • Keller Williams Allentown
Mls Name: GLVR
Mls ID: #769652